When did Bitcoin reach its cheapest point?

3 answers

• Dec 17, 2021 · 3 years ago
  Bitcoin reached its lowest price on December 17, 2018, when it dropped to around $3,200. This was a significant decline from its all-time high of nearly $20,000 in December 2017. Many investors saw this as a great opportunity to buy Bitcoin at a discounted price and potentially profit from future price increases. However, it's important to note that investing in cryptocurrencies carries risks and it's always advisable to do thorough research before making any investment decisions.
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• Dec 17, 2021 · 3 years ago
  Ah, the infamous Bitcoin crash of 2018! It was on December 17th of that year when Bitcoin hit its lowest point, plummeting to around $3,200. It was a tough time for Bitcoin holders, but for those looking to get in on the action, it presented a golden opportunity to buy at rock-bottom prices. Of course, hindsight is 20/20, and it's easy to say now that it was a great time to buy. But as with any investment, there are no guarantees. So, if you're thinking of diving into the world of cryptocurrencies, make sure you do your due diligence and only invest what you can afford to lose.
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• Dec 17, 2021 · 3 years ago
  Bitcoin reached its cheapest point on December 17, 2018, when its price dropped to approximately $3,200. This marked a significant decline from its previous highs and presented a unique buying opportunity for investors. It's worth noting that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Therefore, it's crucial to exercise caution and conduct thorough research before making any investment decisions. At BYDFi, we provide a range of resources and educational materials to help traders navigate the cryptocurrency market and make informed investment choices.
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